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Saab 9-3 Lease Questions

546 messages,  Last post on Sep 15, 2009 at 10:35 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Saab 9-3, Car Leasing, Convertible, Sedan, Wagon


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#443 of 546
Re: Question about current 9-3 lease [squiredogs] by Car_man HOST
Dec 05, 2007 (2:42 am)
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Replying to: squiredogs (Dec 04, 2007 3:18 am)

Hi Dan. Since you have never negotiated a lease before, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. The best way to get a good deal on the Saab that you are interested in leasing is to negotiate as low a selling price as possible on it. If I was in the market for a 9-3 right now, I personally would shoot for a price of right around dealer invoice and then have the dealer subtract the $500 bonus cash that is available on this model from that. You can look up the dealer invoice price of the car that you are interested in by visiting the New Vehicle Pricing section of Edmunds.com.
 
As far as this car's lease program goes, Saab's current base lease rate and residual value for a 27 month lease of a 2008 Saab 9-3 2.0T with 12,000 miles per year are 4.35% and 69%, respectively. Make sure that the dealer you are working with uses this lease rate to calculate your car's lease payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#444 of 546
Re: Hi Car Man [squiredogs] by Car_man HOST
Dec 05, 2007 (2:44 am)
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Replying to: squiredogs (Dec 04, 2007 6:14 am)

Hey squiredogs. Please see my previous post for the information that you're looking for. Thanks and let me know if you have any other questions.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#445 of 546
Re: Hi Car Man [Car_man] by squiredogs
Dec 10, 2007 (2:26 am)
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Replying to: Car_man (Dec 05, 2007 2:44 am)

Hi again Car Man - I sent you an email with this question a minute ago. I don't know which way is better. I'm going today, so I'm doing both -
 
I was originally going to lease a '08 9-3 combi, but have decided to buy. I have the GM "Pull Ahead" offer of $1000, as I have a GMAC lease that's ending. There's the "Fly Home" $500 national offer, and I see there's a $2500 factory-dealer incentive.
  
Can I get all three, or is there a limit on this?
  
I'm going today, please help ASAP.
  
Thanks!
#446 of 546
residual/money factor on 2007 convertible by drfnw
Dec 10, 2007 (3:38 am)
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My local Saab dealer has offered a great lease cap. cost on a leftover 07 convertible (10K off sticker,$500 more off for purchase due to higher loyalty allowance). What I don't know is the residual picture and the interest rate for top tier borrower. Any insights out there before I go talk to the dealer? Thanks.
#447 of 546
Questions on an '08 Saab 9-3 2.0T Lease Deal by chazbug
Dec 14, 2007 (4:08 am)
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Hi,
 
I was hoping I could ask you some questions about a deal that I’m about to make on a new 2008 Saab 9-3 2.0T sedan. Thanks in advance for your help!
 
Here are the details:
 
-39 month lease
-10,000 miles per year
-Jet Black Metallic Paint
-Automatic Transmission
-Premium Package
-Moonroof
-Cold Weather Package
 
Dealer quoted MSRP: 33,730 (verified on Edmunds.com). Residual value of $20,238 (60% of 33,730)
 
Negotiated Price: $31,674 (includes $500 customer-cash rebate)
 
Question #1: The Dealer is telling me that he’s giving me this car for $400 less than invoice. I don’t believe this is true, since the Invoice on Edmunds.com is $31,839 w/o the $500 customer-cash rebate, $31,339 with it. Which of these is the true Invoice Price? On the one hand, I don’t believe I’m necessarily getting hosed, but on the other hand, I don’t think I’m getting this great deal either—II believe I’m getting the car for about what it’s worth.
 
Question #2: When I look at the invoice that the Dealer faxed me, it appears that he’s giving me the invoice price for each option. However, the price of $31,674 also includes a $745 Destination Charge (verified on Edmunds.com), $329.85 Dealer Contribution, and $329.85 Group Contribution. Are these latter two charges excessive? Should I ask to have them removed, hence lowering my Cap Cost?
 
Question #3: I’m putting $2912 down. This includes the first monthly payment of $388 + 695 Bank Fee,+ $400 Security Deposit + $12.50 NY State tire recycling fee + $1311 NY State Sales Tax (at a rate of 8.375%) + $45 “Dealer’s Optional Fee For Processing Application For Registration And/Or Certificate of Title, And For Securing Special Or Distinctive Plates if Applicable” + $10 NY State Inspection + $50 Fuel. The Dealer indicated that the $400 Security Deposit is refunded at the conclusion of the lease and couldn’t be waived because I’m a new Saab Customer, and that the $695 Bank Fee could not be waived. Do any of these other charges seem excessive or qualify as unnecessary dealer’s fees?
 
Question #4: I left a $500 deposit, so I’ll be giving the Dealer the $2412 balance on Saturday. He informed me that I needed to give him a Bank or Certified Check. Is this typical?
 
Question #5: The Dealer indicated that I would have to also pay $140 for new license plates for 2 years. Doesn’t this seem a bit high?
 
Question #6: I noticed on Edmunds.com that there is $2500 Manufacturer Cash to Dealer Marketing Support. It says that Dealer Participation may vary. I asked the Dealer if there were additional incentives beyond the $500 Customer-Cash, such as marketing support, and he said that there weren’t. Again, is there something he’s not telling me? Should I push back on this?
 
Question #7: Overall, what do you think of this deal?
 
Thanks so much!!!
#448 of 546
answers to your questions by saablcp
Dec 14, 2007 (9:06 am)
Reply
1)edmunds.com is accurate only up to a point regarding invoices(see answer 2)
2)the dealer ad group charges are a part of the price of the car ...the dealer does not recoup them."Removing them" is no different than him lowering his selling price by $659.00.
3)The dealer charging you $50.00 for putting fuel in the car is total B.S.! A full tank of fuel at delivery is a Saab dedicated delivery procedure requirement and the dealer is reimbursed a market value per /gallon amount.The bank fee is accurate and is charged by G.M.A.C.,and is not waiveable by the dealer.Bank Fees are charged by ALL Saabs competitors.At $695.00 the fee is one of the lowest(check BMW'S and M-B'S lease ads for example).
The rest of the charges are set or capped by N.Y. State and out of the dealers control.
4)How funds are collected is just a matter of policy.Your questions regarding validity of most charges and the legitmacy of the invoice may have him concerned about accepting a personal check for the balance.
5)Another charge set by your state.
6)The $2,500 is for a cash transaction or a conventional finance package in lieu of a promotional interest rate.It's
one from column A,or B,or C.No "combo platters" allowed.
7)Do you only go to see movies after you read the reviews?
#449 of 546
Re: Questions on an '08 Saab 9-3 2.0T Lease Deal [chazbug] by bluebird23
Dec 14, 2007 (10:41 am)
Reply

Replying to: chazbug (Dec 14, 2007 4:08 am)

You forgot to post the most important part. What is the payment?
#450 of 546
Re: answers to your questions [saablcp] by chazbug
Dec 14, 2007 (11:53 am)
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Replying to: saablcp (Dec 14, 2007 9:06 am)

Thanks for your help. This is my first time buying/leasing a new vehicle, so if I seemed a little inseure, that's why. I feel pretty good about the deal that I'm getting, but thought it wouldn't hurt to get someone else's take. Thanks again.
#451 of 546
Re: Questions on an '08 Saab 9-3 2.0T Lease Deal [bluebird23] by chazbug
Dec 14, 2007 (11:53 am)
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Replying to: bluebird23 (Dec 14, 2007 10:41 am)

$388/month.
#452 of 546
Re: residual/money factor on 2007 convertible [drfnw] by alphaprojectt
Dec 14, 2007 (11:56 am)
Reply

Replying to: drfnw (Dec 10, 2007 3:38 am)

What dealership was this at for the 07 convertable? Was it their last 07 or did they have others? I'd be really interested in talking to them if they had more than 1! Thanks!

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